
ABARES-based forecasts show Australian barley output at a record 17.7 million tonnes in 2026/27, up 4.4%, while wheat falls 11.1% to 32 million tonnes. Sorghum is lifted to 2.3 million tonnes on October rain, and rice imports are projected at a record 325,000 tonnes.
Record barley output and higher barley export potential add supply to world feed grain markets, while lower wheat output tightens wheat balances somewhat.
Not enough comparable past events yet for a historical read.
After 769 past bullish report events, Wheat (SRW) moved a median +0.2% over 5 sessions (53% higher; middle half -1.4% to +2.0%), and +0.2% over 20.
Not enough comparable past events yet for a historical read.
After 88 past bullish report events, Rough Rice moved a median +0.0% over 5 sessions (50% higher; middle half -1.5% to +2.1%), and +2.5% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.